Frontier Communications Parent Inc (FYBR)
Net profit margin
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 29,000 | 441,000 | -72,000 | -402,000 | -5,911,000 |
Revenue | US$ in thousands | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 | 8,107,000 |
Net profit margin | 0.50% | 7.62% | -1.12% | -5.62% | -72.91% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $29,000K ÷ $5,751,000K
= 0.50%
The net profit margin of Frontier Communications Parent Inc has shown significant fluctuations over the past five years. In 2023, the net profit margin decreased to 0.50% from 7.62% in 2022, indicating a substantial decline in profitability. This decline suggests that the company may be facing challenges in generating profits relative to its revenue.
In 2021, the net profit margin was negative at -1.12%, reflecting that the company incurred losses during that period. The negative net profit margin raises concerns about the company's ability to manage its costs effectively and generate sustainable profits.
Similarly, in 2020 and 2019, the net profit margins were -5.62% and -72.91% respectively, showing continued losses and financial difficulties for the company during those years. These exceptionally low margins indicate significant financial distress and inefficiencies within the organization.
Overall, the downward trend in Frontier Communications Parent Inc's net profit margin highlights the company's challenges in maintaining profitability and suggests a need for strategic changes to improve its financial performance and viability in the market.
Peer comparison
Dec 31, 2023